According to its most recent Form 13F filing with the Securities & Exchange Commission, Clarius Group LLC bought a new stake in Martin Marietta Materials, Inc. (NYSE: MLM – Get Rating) in the fourth quarter. The institutional investor bought 718 construction firm shares for $243,000.

3 Infrastructure Stocks to Consider

Several institutional investors and hedge funds recently changed their corporate holdings. City State Bank bought 6.6% more Martin Marietta Materials shares in the fourth quarter. After buying 30 more shares last quarter, City State Bank holds 487 construction company shares worth $165,000. Gilbert & Cook Inc. bought 2.9% more Martin Marietta Materials in the third quarter. After buying 31 more shares in the last quarter, Gilbert & Cook Inc. owned 1,090 construction company shares worth $352,000.

B&T Capital Management DBA Alpha Capital Management bought 0.4% more Martin Marietta Materials in the third quarter. B&T Capital Management DBA After buying 33 shares last quarter, Alpha Capital Management owns 7,880 shares of the construction company’s stock worth $2,538,000. Eagle Bay Advisors LLC bought 17.0% more Martin Marietta Materials in the third quarter. After buying 36 more shares in the past quarter, Eagle Bay Advisors LLC owns 248 construction business stock worth $80,000. Park Avenue Securities LLC increased its Martin Marietta Materials holdings by 2.4% in the third quarter. After buying 37 shares in the last quarter, Park Avenue Securities LLC owns 1,568 construction business shares worth $505,000. The corporation has 93.07% institutional ownership.

Analyst Evaluations

MLM research is many. In a Thursday, December 8th research note, JPMorgan Chase & Co. lowered Martin Marietta Materials’ target price from $410.00 to $395.00. On March 16, StockNews.com began covering Martin Marietta Materials. They rated the firm “hold”. In a Monday research note, Goldman Sachs upgraded Martin Marietta Materials from “neutral” to “buy” and boosted their target price from $420.00 to $428.00.

On December 19, Stifel Nicolaus upgraded Martin Marietta Materials from $400.00 to $405.00 and gave the business a “buy” recommendation. On Tuesday, Citigroup raised their price objective for Martin Marietta Materials from $385.00 to $406.00. The stock has a buy recommendation from ten analysts and a hold rating from four. MarketBeat rates the firm “Moderate Buy” with an average target price of $405.17.

Martin Marietta Materials Up 0.5%

NYSE: MLM began Friday at $338.59. The stock’s 50-day and 200-day SMAs are $351.75 and $344.65, respectively. The company has a $21.03 billion market cap, a price-to-earnings ratio of 24.39, a price-to-earnings-growth ratio of 1.80, and a beta of 0.87. Its quick ratio is 1.39, current ratio is 1.99, and debt-to-equity ratio is 0.61. Martin Marietta Materials, Inc.’s 1-year high is $386.73 and low is $284.99.

On February 15, Martin Marietta Materials (NYSE:MLM) reported its quarterly earnings. The construction firm beat the average expectation of $3.03 EPS with $3.04. Quarterly sales was $1.48 billion, below the average forecast of $1.53 billion. Martin Marietta Materials reported 11.03% return on equity and 14.07% net margin. Quarterly revenue fell 1.3% year-over-year. EPS was $3.15 last year. Sell-side analysts expect Martin Marietta Materials, Inc. to earn 14.84 EPS this year.

MMM Announces Dividend

On Friday, March 31st, the company issued a quarterly dividend. The March 6th dividend was $0.66. 0.78% yield and $2.64 yearly dividend. This dividend went ex-dividend on Friday, March 3rd. Martin Marietta Materials pays 19.02% dividends.

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